Recent content by gotu

Hi Tim, Thanks for your response, it is really valuable to read how other experienced traders give meaning to our work. I really like you first point about spreading risk to become less obsessed with market girations. One of the behaviors I notice in my day to day routine is how I often find...

Hi all, I'm opening this thread to share some of the psychological sides of my trading journey which I'm finding most burdensome and hard to deal with. I started studying the markets 9 years ago, straight out of college whilst I worked in a number of different industries. I spent considerable...

Hey Gringo, what exactly are you waiting for? What's your plan if price breaks above all time highs? Long after a retracement?

NQ is signalling a potential SLA entry, break of the DL plus double top, allthis taking place at the 50% retracement as barjon noted. I prefer to wait for a Lower High to enter, something like this;

Hello gringo! I am also looking for a potential short here, what kind of setup do you look for or are you alrady short? I normally wait for the standard SLA break of dl * lower high on the daily do you look for the same setup¿? Cheers!

I am back to monitoring solar stocks with the most recent market correction. I found a stock on the Springboard, also known as Wyckofs's bread and butter trade: Scatec Solar. As the sector (TAN) is revisiting it's 2017 lows, Scatec Solar is showing remarkable strenght by making new highs...

It could be relevant but it certainly isn´t necessary. But this is your thread after all and you have done a great job disclosing and spreading Wyckoffs wisdom here and in many other forums. CHeers amigo

Today I entered short Barrick gold; My technical reasons are based on AMT, price finding strong selling at previous support, now resistance, around 13,8. But I find myself requiring more than a technical signal to enter a trade. I´m not sure if Wyckoof or DB would approve of this but my best...

My thoughts; 1- Determine the current trend of the Market (Monthly) On the monthly, there was a strong upwave from the base at circa 200 USD$ to the top at circa 20,000 USD$, lasting approximately 12 months. This was followed by a strong correction to 6,500 USD$ lasting 3 months. Judging from...

Well, in my case Im not sure I would call it a trading instrument. I am more interested in using wyckoff principles to establish the point at which supply is exhausted and entering devoting a part of my funds as a long term investment. In other words; -enter at the green Dot -stop loss below...

Hello DBP, I would be very interested in reading your thoughts further on Bitcoin, since it´s price action seems singular to say the least, and even though folks insist on labeling it a bubble, so far price has responded to every obituary with a further upwave. Some insist on labeling a bubble...

Cheers DB! Let's see how things transpire then, it will be interesting to apply the sla if prices start trending again.

Yes, I believe your wedge is for sure significant, I guess it's time to wait and see which direction price takes..

I charted the bigger picture on the longer time frame chart on the left, price appears to be finding support at the long term blue line. Additionally, the 50% retracement of the most upwave is 10,000 USD so whether price finds support here or tanks is significant regarding the probability of a...

Hello DBP, what are your thoughts on this SLA entry in BTC? Happy easter!